Which of the Following Statements Is Correct

question 20

Multiple Choice

Which of the following statements is correct?

• A) Current account balance = capital account balance
• B) Current account balance = capital account balance + net change in government international reserves
• C) Current account balance + capital account balance = net change in government international reserves
• D) Current account balance + net change in government international reserves = capital account balance

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Definitions:

Social Learning

The acquisition of behaviors, attitudes, or skills through observation and imitation of others within a social context.

Highly Accessible

Easily approachable or obtainable; refers to something that can be reached, used, or understood with minimal effort.

Traumatic Events

Incidents that cause psychological, physical, or emotional harm or distress, often leading to long-term issues.

Belief Perseverance

The tendency to maintain one's beliefs even in the face of contrary evidence.